California Sends Prop 103 Reminder
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California Sends Prop 103 Reminder

Last week, a notice was sent to all California insurance companies in reminder of Prop 103. The notice was a reminder of Proposition 103 the requirement that all insurance companies must gain approval from the California Department of Insurance before carrying out their property and casualty rates to policyholders. Prop 103 Prop 103 notes that...

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OC Insurance Agent Arrested After Scheming Elderly

OC Insurance Agent Arrested After Scheming the Elderly Over $1.6 Million On March 12th, 2018, 55-yr old Mark Malatesta was arrested under 16 counts of felony. All charges were in correlation with a $1.6 million-dollar fraudulent scheme that attacked many of our elders in Southern California. Charges Malatesta has faced seven counts of insurance fraud,...